Bitcoin steadies at 0.382 Fibonacci support as analysts flag possible retreat toward the $76,000 April low
Bitcoin is hovering at a key 0.382 Fibonacci retracement that analysts say could determine whether the uptrend holds or price slides back toward the April low near $76,000. Over the weekend, BTC briefly dipped below $88,000 in a leverage flush before rebounding above $91,500, and traders are watching the upcoming Fed meeting and U.S. macro releases for cues. On-chain, a rising "liveliness" metric alongside signs of seller exhaustion points to underlying accumulation even as spot action and ETF inflows remain subdued.